XTZ Technical Analysis: $3 Is A Great Price To Buy

This is the critical moment in the XTZ market. The events that will take place over the next few weeks will lay the foundation for a new medium-term growth trend. So now is the time to catch a good wave that will increase your deposit. Starting from 21 October 2019, the XTZ price moved within the trend growth channel. The global trend line has withstood the attacks of sellers for 3 years. However, since January 2022, sellers have made a very successful attempt to take control of the global trend line. https://www.tradingview.com/x/mKieslyg/ At the time of writing, there is a consolidation on a weekly timeframe. It is in this consolidation that market participants decide the fate of the global growth trend. The main critical range is $3. It is below this mark that sellers cannot close any weekly candles from January 2022. Given the fact that the trading volume has decreased over the past 4 months, sellers do not have the strength to put pressure on the price. But, buyers are afraid to start a growth trend. It is at such an indefinite time that there is a chance to buy XTZ cryptocurrency with low risks. If sellers manage to take control of the $3 range, then we do not recommend investing in XTZ. In this case, there is a risk of continuing to fall to $2. However, by taking a risk and buying XTZ in the range of $3, investors will have a chance to catch 50% of the medium-term trade and record a profit near the mark of $4.6. Technic...